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Nigerian Banks

Otedola: First HoldCo Restructuring May Be Disruptive, but It’s Essential for Long-Term Growth

KEY POINTS Otedola says First HoldCo’s restructuring may cause disruption but is necessary for...

NECO Releases 2025 SSCE Results, Records 72% Pass in English and Mathematics

KEY POINTS NECO recorded a 72% pass rate in English and Mathematics in the...

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

Latest articles

Otedola: First HoldCo Restructuring May Be Disruptive, but It’s Essential for Long-Term Growth

KEY POINTS Otedola says First HoldCo’s restructuring may cause disruption but is necessary for...

NECO Releases 2025 SSCE Results, Records 72% Pass in English and Mathematics

KEY POINTS NECO recorded a 72% pass rate in English and Mathematics in the...

FCTA Assures Residents Snake Anti-Venom Is Available in All Abuja Public Hospitals

KEY POINTS FCTA says snake anti-venom is available in all FCT-owned hospitals and health...

PDP Chieftain Labels Wike as “Root Cause” of Party Crisis

KEY POINTS A PDP chieftain, Tony Ehilebo, has accused FCT Minister Nyesom Wike...